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Market Impact: 0.25
Single-family homes, not condos are ‘prime beneficiary’ of HST rebate
Source: The Globe and Mail
Housing & Real EstateConsumer Demand & RetailFiscal Policy & Budget
Toronto-region new single-family home sales rose to the highest level in five years in July, supported by buyers using the 13% HST rebate. The policy-driven pickup suggests improved near-term demand, though the broader market impact is likely limited to housing-related sentiment rather than system-wide moves.
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